Great Lakes Dredge & Dock (GLDD) — Tangible Net Worth Ratio
Great Lakes Dredge & Dock (GLDD) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($502.11 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of Great Lakes Dredge & Dock to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Great Lakes Dredge & Dock Tangible Net Worth Ratio (2001–2024)
This chart shows how Great Lakes Dredge & Dock's Tangible Net Worth Ratio has changed across 23 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of $502.11 Million with intangible assets of $0.00 USD. See GLDD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Great Lakes Dredge & Dock (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Great Lakes Dredge & Dock from 2001 to 2024, covering 23 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see GLDD market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $448.91 Million | $0.00 | $1.31 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | $385.55 Million | $0.00 | $1.11 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | $368.22 Million | $0.00 | $981.78 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $399.00 Million | $0.00 | $997.67 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $346.67 Million | $0.00 | $958.02 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $279.40 Million | $0.00 | $897.55 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $214.93 Million | $0.00 | $730.27 Million | ▲ +0.4 pp |
| 2017 | 99.6% | $221.30 Million | $908.00K | $832.36 Million | ▲ +0.2 pp |
| 2016 | 99.4% | $247.89 Million | $1.50 Million | $893.59 Million | ▲ +0.4 pp |
| 2015 | 99.0% | $252.17 Million | $2.43 Million | $901.62 Million | ▲ +2.5 pp |
| 2014 | 96.5% | $255.96 Million | $8.96 Million | $893.23 Million | ▼ -2.7 pp |
| 2013 | 99.2% | $242.10 Million | $1.98 Million | $834.21 Million | ▲ +0.4 pp |
| 2012 | 98.8% | $273.43 Million | $3.23 Million | $826.39 Million | ▼ -0.9 pp |
| 2011 | 99.7% | $292.54 Million | $814.00K | $788.46 Million | ▲ +0.9 pp |
| 2010 | 98.8% | $276.82 Million | $3.28 Million | $693.83 Million | ▼ -0.8 pp |
| 2009 | 99.6% | $244.55 Million | $1.04 Million | $665.43 Million | ▼ 0.0 pp |
| 2008 | 99.6% | $228.11 Million | $931.00K | $666.15 Million | ▲ +0.0 pp |
| 2007 | 99.6% | $230.40 Million | $1.01 Million | $624.36 Million | ▲ +0.5 pp |
| 2006 | 99.0% | $130.53 Million | $1.27 Million | $528.36 Million | ▲ +241.8 pp |
| 2005 | -142.8% | $41.33 Million | $100.33 Million | $51.66 Million | ▲ +446744.7 pp |
| 2004 | -446887.4% | $23.90K | $106.83 Million | $95.00K | ▼ -445873.9 pp |
| 2003 | -1013.6% | $10.00 Million | $111.36 Million | $522.90 Million | ▼ -1105.1 pp |
| 2001 | 91.5% | $346.67 Million | $29.41 Million | $958.02 Million | — |